As global lithium-ion battery demand surges toward 4.7 TWh by 2030 (BloombergNEF, 2023), engineers face a critical choice: LFP (lithium iron phosphate) or NMC (nickel manganese cobalt)? While both power everything from EVs to grid storage, their hidden differences could determine the success of your next energy project. Did you know Tesla's Model 3 Standard Range switched to LFP in 2021, while Porsche's Taycan still relies on NMC? What's driving these strategic decisions?
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